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D.R. Horton (DHI) Stock Forecast & Price Target

$173.81
+0.39 (+0.22%)
(As of 07/19/2024 ET)

D.R. Horton - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 18 Wall Street analysts who have issued ratings for D.R. Horton in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 2 have given a sell rating, 5 have given a hold rating, and 11 have given a buy rating for DHI.

Consensus Price Target

$165.12
-5.00% Downside
High Forecast$217.00
Average Forecast$165.12
Low Forecast$120.00

According to the 18 analysts' twelve-month price targets for D.R. Horton, the average price target is $165.12. The highest price target for DHI is $217.00, while the lowest price target for DHI is $120.00. The average price target represents a forecasted downside of -5.00% from the current price of $173.81.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
8 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
8 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$165.12$158.31$158.06$127.56
Forecasted Upside-5.00% Downside12.62% Upside14.28% Upside12.65% Upside
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DHI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DHI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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D.R. Horton Stock vs. The Competition

TypeD.R. HortonConstruction CompaniesS&P 500
Consensus Rating Score
2.50
2.56
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-5.00% Downside33.82% Upside10.00% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/19/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$200.00 ➝ $217.00+24.83%
7/19/2024Barclays
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$168.00 ➝ $200.00+14.13%
7/19/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetUnderperform ➝ Underperform$141.00 ➝ $154.00-11.40%
7/19/2024JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$170.00 ➝ $210.00+21.09%
7/15/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$191.00 ➝ $205.00+33.98%
7/2/2024Citigroup
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A. Pettinari
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DowngradeBuy ➝ Neutral$181.00 ➝ $156.00+13.84%
5/7/2024Keefe, Bruyette & Woods
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J. Rahmani
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Boost TargetOutperform ➝ Outperform$172.00 ➝ $178.00+16.64%
4/19/2024Bank of America
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 Lower TargetBuy ➝ Buy$182.00 ➝ $168.00+17.33%
4/19/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$141.00 ➝ $153.00+6.67%
4/18/2024Wedbush
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J. Mccanless
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Reiterated RatingUnderperform ➝ Underperform$130.00-13.34%
4/16/2024BTIG Research
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 Lower TargetBuy ➝ Buy$174.00 ➝ $169.00+13.37%
2/1/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$140.00 ➝ $160.00+11.51%
1/22/2024Seaport Res Ptn
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K. Zener
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DowngradeBuy ➝ Neutral
1/11/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$150.00 ➝ $173.00+11.96%
10/17/2023Wells Fargo & Company
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 Initiated CoverageOverweight$123.00+17.68%
7/24/2023Argus
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 Boost TargetBuy$135.00 ➝ $145.00+13.03%
7/21/2023JPMorgan Chase & Co.
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 Boost TargetNeutral$122.00 ➝ $146.00+14.73%
7/21/2023Credit Suisse Group
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 Reiterated RatingNeutral ➝ Neutral$120.00-4.30%
5/31/2023Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$150.00+40.40%
3/22/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
1/26/2023KeyCorp
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 Boost TargetOverweight$97.00 ➝ $109.00+14.16%
1/18/2023Oppenheimer
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 Initiated CoverageMarket Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:35 AM ET.

DHI Forecast - Frequently Asked Questions

What is D.R. Horton's forecast for 2024?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for D.R. Horton is $165.12, with a high forecast of $217.00 and a low forecast of $120.00.

Should I buy or sell D.R. Horton stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for D.R. Horton in the last year. There are currently 2 sell ratings, 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DHI shares.

Does D.R. Horton's stock price have much upside?

According to analysts, D.R. Horton's stock has a predicted upside of 11.92% based on their 12-month stock forecasts.

Has D.R. Horton been downgraded by Wall Street analysts recently?

Over the previous 90 days, D.R. Horton's stock had 1 downgrade by analysts.

What analysts cover D.R. Horton?

D.R. Horton has been rated by research analysts at Barclays, Citigroup, Evercore ISI, JMP Securities, Keefe, Bruyette & Woods, Royal Bank of Canada, and UBS Group in the past 90 days.

Do Wall Street analysts like D.R. Horton more than its competitors?

Analysts like D.R. Horton less than other "construction" companies. The consensus rating score for D.R. Horton is 2.50 while the average consensus rating score for "construction" companies is 2.56. Learn more on how DHI compares to other companies.


This page (NYSE:DHI) was last updated on 7/20/2024 by MarketBeat.com Staff

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